The port of Klaipeda in Lithuania reported the highest cargo turnover among Baltic ports for the first half of 2016, having reloaded 19.9 mln tons of cargo, up 5.7% against the same period last year, the ports’ data shows.

With unemployment in the EU remaining above 8%, 77% of Europeans want the EU to do more to tackle the issue, according to the latest Eurobarometer survey. Reacting to the results of the Europe-wide study, Thomas Händel, the head of Parliament’s employment committee, urged EU leaders to “endeavour to ensure investment and high-quality, sustainable employment”. Read on to learn more about the EU’s role in the fight against unemployment.

Luktarna, a company controlled by the family of Ivan Paleichik who heads the Russian oil company Lukoil's fuel retailer Lukoil Baltija, will take on lease 73 of Lukoil Baltija's 76 filling stations. Following objections from the Lithuanian Competition Council, the company will not take over the remaining three stadions.

Polish-owned Lithuanian oil company Orlen Lietuva said on July 21st that its first-half net profit in 2016 dropped by 12% year-on-year to 128 million US dollars (EUR 116.23 mln), attributing the decline to lower market and refining margins.

Mass economic migration from eastern Europe to wealthier countries has benefited the host nations but hampered growth in migrants' places of origin, including the Baltic states, AFP news agency informed today citing an International Monetary Fund discussion note.

Hungary's low-cost airline Wizz Air is planning to launch flights between Vilnius and the French city of Grenoble in mid-January 2017.

The United Kingdom's withdrawal from the European Union (EU) will have the biggest negative effect upon Lithuania among all countries of Eastern Europe, Standard & Poor's said in a statement.

New light-vehicle (M1&N1) registrations in the Baltic States increased by 21.0% to 19’929 units in II quarter 2016, informs AV Automotive Research / AutoTyrimai, based on source data obtained from Regitra (Lithuania), CSDD (Latvia) and Maanteeamet (Estonia).

The Norwegian insurance group Gjensidige that acquired the Lithuanian insurer PZU Lietuva at the beginning of the year made a loss of 41.4 mln Norwegian kroner or approximately 4.5 mln euros in the Baltic countries in the first half of 2016.

EU Member States agreed on a Commission proposal to invest €263 million in key trans-European energy infrastructure projects.